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Peru set May 13 as the launch date for the north-central anchovy season, with a capture limit of 2.4 million metric tons. The fishery targets anchovy used mainly for fishmeal and fish oil, and it is the largest fishery in the world by volume.
The season's size and timing determine near-term fishmeal availability for feed makers. Ample supply tends to weigh on fishmeal prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.